The Industrial Real Estate Podcast KastFlex Media

I had the honor of interviewing Aaron Halfacre, CEO of Modiv Industrial, where we got to chat about the manufacturing side of industrial real estate!



0:00 - Introduction

1:17 - A REIT focused on manufacturing space

5:01 - Manufacturing vs warehousing

11:35 - Breaking down manufacturing

17:47 - What an opportunity looks like

25:40 - Building vs Tenant

31:02 - Getting in touch with Aaron



About Aaron:



As Modiv’s Chief Executive Officer, Mr. Halfacre is charged with crafting company-wide strategy, expanding our investor base and identifying opportunities for business growth. With his long track record of effective leadership and institutional-grade investing, he has sparked a new vision and direction for Modiv that prioritizes responsible stewardship, innovation and purposeful growth that drives value for our shareholders.



A seasoned executive with over 25 years in the real estate industry, Mr. Halfacre has been involved in myriad REIT mergers and acquisitions transactions over the course of his career, totaling more than $17 billion in transaction value. His previously held positions include President at RealtyMogul, President and CIO of Campus Crest, and senior leadership roles at Cole Real Estate Investments, BlackRock and Green Street Advisors. Mr. Halfacre holds both Chartered Financial Analyst® (CFA) and Chartered Alternative Investment Analyst® (CAIA) designations and earned a Masters of Business Administration degree in Finance from Rice University.



Connect with Aaron:



Modiv Industrial: https://modiv.com/

LinkedIn:



/ aaron-halfacre



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I had the pleasure of talking with Ronald Rohde about a recent acquisition of his where he purchased an industrial outdoor storage site.



About Ron:



Ron Rohde is an experienced investor, commercial real estate attorney and a Texan with a long history in north Texas real estate.



As soon as he had a driver’s license, he was delivering keys to tenants, supervising contractors, or delivering notarized closing documents for a variety of rental properties.



With both parents as licensed real estate brokers and mortgage lenders, it was a natural evolution to advise clients on real estate transactions.



Ron learned Mandarin Chinese growing up and has fully fluent staff who read and write Chinese.



Connect with Ron:



Website: https://ronaldrohdelaw.com/

YouTube: @RonaldRohdeLaw

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In this week's episode of the industrial real estate show I was honored to be joined by Zach Harris and Hunt Rose from TruCore Investments.



Zach and Hunt are two of my favorite guys in the industry and they focus on investing in class B industrial real estate.



About Zach:



As Managing Director and one of the co-founding partners, Zach is responsible for the leadership, growth, and strategic direction of the company while also overseeing the investment and operational functions. Prior to TruCore, Zach was a Director at Stan Johnson Company for over 12 years, where he specialized in net lease industrial investment sales brokerage for clients nationwide and contributed to the closing of over $5.0 billion in transaction volume. Harris earned his B.S. in civil engineering from Villanova University and his master’s degree in business administration from the University of Oklahoma.



About Hunt:



As Investments Director and a co-founding TruCore member, Hunt oversees investments, financial underwriting, due diligence, and assists in origination of new investment opportunities. Prior to TruCore, Rose was an Associate Director at Stan Johnson Company specializing in providing equity capital solutions for new real estate development projects nationwide. Rose contributed to the capitalization of more than $2.5 billion in transaction volume and placement of over $200 million inequity capital. Rose started his career with Deloitte in the Hedge Fund and Private Equity Advisory Group in Dallas, TX. Rose obtained a Certified Public Accountant designation and earned a master’s degree in business administration from Oklahoma State University.



Zach on LinkedIn:



/ zacharystevenharris

Hunt on LinkedIn:



/ hunt-rose-9229694b



TruCore Investments website: https://www.trucoreinvestments.com/



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🙋‍♂️ Chad Griffiths, MBA, SIOR



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In this interview I was joined by Jonathan Hayek from Endurance Properties. Jonathan shared his story on how he transitioned from residential to industrial real estate investing and also provided some tips on how others can do the same.



About Jonathan:



Worked in the teaching and non-for-profit world for ~10 years. While still teaching, started flipping houses and investing in small multifamily to pursue financial and time freedom. Now an owner/operator of multi family, commercial, and industrial real estate as well as the host of The Source of Commercial Real Estate Podcast, the leading interview-based podcast dedicated to non-residential commercial real estate.



Connect with Jonathan:



LinkedIn:



/ jonathan-hayek-cre

Podcast: https://podcasts.apple.com/us/podcast...



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We chatted about a number of important topics related to insurance!



About Skylar:



Skylar is a commercial insurance broker and passionate advocate for her clients. She is part of Baldwin Risk Partners, an entrepreneur-led and publicly-traded insurance brokerage company headquartered in Tampa, FL. Skylar delivers uniquely tailored insurance and risk management solutions. She believes in the power of relationships to enhance service and product offerings.



Skylar's practice continues to be focused on retail brokerage services handling all lines of commercial insurance for:



✅️ Real Estate/REITs 🌆

✅️ Commercial Construction Companies 🏗

✅️ Residential Builders [for sale and for rent product] 🏘

✅️ Land Developers 👷‍♀️

✅️ Private Equity Funding Partners💲



BRP also brings nationwide resources in specialty lines of coverage like Cyber Liability, D&O and Environmental Liability.



Skylar is an American Mensa member, and supports groups focused on furthering the advancement of women in business, like National Association of Women in Construction and Commercial Real Estate Women of Orange County (CREW OC). Skylar also volunteers her time to various community service projects.



Connect with Skylar:



X / Twitter:



/ skylarromines

LinkedIn:



/ 1skylar



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🙋‍♂️ Chad Griffiths, MBA, SIOR



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Artificial Intelligence might seem overwhelming but there's a lot it can do for your business if you're willing to spend some time on it.



To help with the learning curve, I was honored to be joined by Mark Duclos, President of Sentry Commercial, to hear how he uses AI daily within various commercial real estate businesses he runs.



Here's a quote I firmly believe in right now:

"You won't be replaced by AI, you'll be replaced by someone who uses AI."



Connect with Mark:



Website: https://sentrycommercial.com/

LinkedIn:



/ mark-duclos-sior-cre-62969638



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🙋‍♂️ Chad Griffiths, MBA, SIOR



🚩 Subscribe: https://www.youtube.com/@industrializ...



📢 Join the Industrial Insiders Community: https://industrialize.com/membership